367 East 62nd Street
Listing Notes
Rare opportunity to acquire a flexible mixed-use townhouse on a prime Upper East Side block in the heart of Lenox Hill. 367 East 62nd Street is configured as two legal residential apartments plus one legal commercial/garage space , offering a compelling opportunity for investors, owner-users, and end users alike . The property delivers immediate in-place income, rare flexibility, and long-term upside in one of Manhattan's most established and convenient neighborhoods. The residential portion includes a large upper duplex residence along with a separate second-floor apartment, each with its own entrance. The commercial component on the ground floor offers legal commercial use as well as legal garage/parking functionality , creating an uncommon level of utility and optionality rarely found in townhouse inventory on the Upper East Side. Whether a purchaser is seeking: a firm mixed-use investment a live/work or owner-user opportunity a private garage with income above or a longer-term value-add / redevelopment play this property offers multiple viable paths. Additional highlights include: Approx. 3,945 existing SF Approx. 7,008 buildable SF of unused development rights Separate residential entrances Vacant ground-floor commercial/garage space with flexible future use Strong Upper East Side location adjacent to shopping, dining, parks, and transportation Ideally positioned just moments from the neighborhood's best restaurants, retail, and multiple subway lines, 367 East 62nd Street presents a rare chance to acquire a versatile and strategically located Manhattan townhouse with both present utility and future upside.
Price in context
Cheaper than 44% of the 9 homes listed nearby right now, which run $3,350,000 to $8,500,000.
See all 9 nearby listings
| Address | Asking | Size |
|---|---|---|
| 304 East 65th Street PHB/D | $3,350,000 | 4 bd · 3.5 ba |
| 401 East 60th Street 4ABC | $3,675,000 | 5 bd · 5 ba |
| 305 East 61st Street 702 | $3,995,000 | 3 bd · 3 ba |
| 340 East 64th Street 34AB | $4,495,000 | 4 bd · 4 ba |
| 1164 1st Avenue MULTI FAMILY | $5,800,000 | Studio · 18.5 ba |
| 304 East 65th Street PH | $5,995,000 | 3 bd · 3 ba |
| 301 East 61st Street PENTHOUSE | $6,495,000 | 4 bd · 4 ba |
| 401 East 60th Street PH | $7,250,000 | 3 bd · 2.5 ba |
| 1226 2nd Avenue N/A | $8,500,000 | 6 bd · 6 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
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